Abstract

http://ssrn.com/abstract=987526
 
 

References (72)



 
 

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A New Approach to Risk Management for Nanotechnology


Kenneth W. Abbott


Arizona State University

Gary E. Marchant, JD, PhD


Arizona State University - College of Law

Douglas J. Sylvester


Arizona State University - College of Law

May 1, 2007


Abstract:     
Risk management of nanotechnology is challenged by enormous uncertainties about the properties, risks, benefits, and future direction of nanotechnology applications. Because of these uncertainties, traditional risk management principles including acceptable risk, cost-benefit analysis and feasibility are unworkable, as is the more recent precautionary principle. Yet simply waiting for these uncertainties to be resolved before attempting to manage nanotechnology risks would not be prudent, in part because of growing public concerns driven by risk perception heuristics such as affect and availability. A more reflexive, incremental, and cooperative approach is required. Such an approach will not only help manage emerging risks from nanotechnology, but will also serve as a model for managing future technologies.

Number of Pages in PDF File: 43

Keywords: Technology, Psychology, Heuristics, Nanotechnology, Regulation, International, precautionary, risk regulation, risk perception, voluntary programs, norms

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Date posted: May 21, 2007 ; Last revised: February 14, 2014

Suggested Citation

Abbott, Kenneth W. and Marchant, JD, PhD, Gary E. and Sylvester, Douglas J., A New Approach to Risk Management for Nanotechnology (May 1, 2007). Available at SSRN: http://ssrn.com/abstract=987526 or http://dx.doi.org/10.2139/ssrn.987526

Contact Information

Kenneth Wayne Abbott
Arizona State University ( email )
Box 877906
Tempe, AZ 85287-7906
United States
480-965-5917 (Phone)
Gary E. Marchant, JD, PhD
Arizona State University - College of Law ( email )
Box 877906
Tempe, AZ 85287-7906
United States
(480) 965-3246 (Phone)
(480) 965-2427 (Fax)
Douglas J. Sylvester (Contact Author)
Arizona State University - College of Law ( email )
Box 877906
Tempe, AZ 85287-7906
United States
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